| Stage | AES | % of rev | TXNM | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $3.4B | 100.00% | $733M | 100.00% | AES ×4.67 |
| Gross profit | $692M | 20.22% | $452M | 61.68% | TXNM +41.5pp |
| Operating income | $573M | 16.74% | $271M | 36.97% | TXNM +20.2pp |
| Pre-tax income | $449M | 13.12% | $195M | 26.64% | TXNM +13.5pp |
| Net income | $387M | 11.31% | $168M | 22.91% | TXNM +11.6pp |
| Stage | AES | TXNM | Gap · A − B |
|---|---|---|---|
| Revenue | $3.4B100.00% | $733M100.00% | AES ×4.67 |
| Gross profit | 20.22%$692M | 61.68%$452M | TXNM +41.5pp |
| Operating income | 16.74%$573M | 36.97%$271M | TXNM +20.2pp |
| Pre-tax income | 13.12%$449M | 26.64%$195M | TXNM +13.5pp |
| Net income |
| 11.31%$387M |
| 22.91%$168M |
| TXNM +11.6pp |